ACTIVE

GFK BELGIUM

Financial year 2025 · closed on 30/06/2025
Net result
2,3 M €
-88.3% YoY
Revenue
31,5 M €
+16.0% YoY
Equity
7,7 M €
+41.1% YoY
Workforce
73,5 ETP
-34.9% YoY

What does GFK BELGIUM do?

GFK BELGIUM is a Public limited company incorporated in 1992. Its main activity is: Market research and public opinion polling. Its registered office is in Leuven. It employs on average 73,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0447.797.629
Incorporation
09/07/1992
Legal form
Public limited company
Registered office
Arnould Nobelstraat 42
3000 Leuven · FlandreSee on map
Contributed capital
5 467 931,00 €
Latest accounts
30/06/2025
Average workforce
73,5 ETP
Joint committees (3)
  • 200
  • 200.000
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520232022202120202019201820172016201520142012201120102009200820072006
Income statement
Revenue31,5 M €27,2 M €25,4 M €24,5 M €22,7 M €28,1 M €30,9 M €39,4 M €31,6 M €32,7 M €19,1 M €18,7 M €20 M €13,2 M €10,8 M €10,7 M €9,2 M €8 M €
EBITDA3,3 M €25,9 M €2,8 M €2,5 M €1,9 M €1,3 M €4,2 M €487,7 k €3,1 M €3,3 M €1,3 M €951,3 k €1,1 M €1,2 M €859 k €906,5 k €966,2 k €994,8 k €
Operating result2,6 M €25,6 M €2,2 M €2,1 M €1,5 M €934,8 k €3,3 M €-565,5 k €2,5 M €2,6 M €762,8 k €758,8 k €892,8 k €981,1 k €659,1 k €725,3 k €770,5 k €792,2 k €
Net result2,3 M €19,3 M €1,5 M €1,4 M €1 M €685,1 k €3 M €-1,3 M €1,5 M €1,7 M €530,3 k €429,5 k €516,9 k €613,2 k €397,9 k €502,4 k €524,7 k €517,9 k €
Balance sheet
Equity7,7 M €5,5 M €5,5 M €5,5 M €6,5 M €5,5 M €5,5 M €7,2 M €8,5 M €9,8 M €5,5 M €5,2 M €4,7 M €4,2 M €3,6 M €3,2 M €2,7 M €2,2 M €
Total assets30,9 M €28,8 M €16,4 M €16,8 M €15,5 M €15,3 M €20,8 M €20,1 M €20,3 M €20,8 M €14,2 M €8,5 M €9,5 M €8,2 M €6,7 M €5,1 M €4,1 M €3,7 M €
Cash1,1 M €1 M €348,2 k €19,3 k €66,6 k €67,3 k €532,7 k €39,9 k €1,1 M €3 M €4,2 M €3 M €1,2 M €1,6 M €1 M €
Debts20,8 M €23,3 M €10,8 M €11,2 M €8,8 M €9,4 M €14,6 M €6,7 M €8,9 M €6,5 M €6,3 M €2,2 M €2,3 M €1,3 M €1 M €889,3 k €765,8 k €1 M €
Other
Workforce73,5 ETP112,9 ETP117,2 ETP115,7 ETP117,9 ETP127,7 ETP168,2 ETP197,8 ETP180,1 ETP171,6 ETP107,6 ETP83,0 ETP75,8 ETP59,2 ETP57,3 ETP62,8 ETP53,8 ETP48,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 48 ended

Active mandates

Johan Haegeman

Mandate

Active
Ralph De Greef

Mandate

Active
Wim Boesmans

Mandate

Active

Ended mandates

Nathalie Dahlem

Director · since 23 décembre 2022 · until 11 août 2023

Ended
Nathalie Dahlem

Director · since 23 décembre 2022

Ended
Alexis Wautot

Director · since 06 juillet 2021 · until 23 décembre 2022

Ended
Alexis Wautot

Director · since 06 juillet 2021

Ended
At this address

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1012.397.413
0671.911.278
1029.199.001
1012.427.404
1012.427.206
Renner EnergiesActive
0884.428.578
0859.739.902
0667.502.035
0792.186.825
1014.247.836
0750.640.537
0805.633.203
Annual accounts

Full financial information

202520232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year30/06/202531/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year18 months12 months12 months12 months12 months12 months
Filing date04/02/202619/06/202413/05/202309/05/202306/08/202128/08/2020
General meeting30/01/202603/05/202402/05/202306/05/202206/07/202128/08/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/06/202530/01/202604/02/2026DutchPDF
Full model31/12/202303/05/202419/06/2024DutchPDF
Full model31/12/202202/05/202313/05/2023DutchPDF
Full modelCorrection31/12/202106/05/202209/05/2023DutchPDF
Full model31/12/202106/05/202218/05/2022DutchPDF
Full model31/12/202006/07/202106/08/2021DutchPDF
Full model31/12/201928/08/202028/08/2020DutchPDF
Full model31/12/201808/05/201909/05/2019DutchPDF
Full model31/12/201702/05/201818/05/2018DutchPDF
Full model31/12/201602/05/201715/05/2017DutchPDF
Full model31/12/201502/05/201627/05/2016DutchPDF
Full model31/12/201404/05/201513/05/2015DutchPDF
Full model31/12/201302/05/201406/05/2014DutchPDF
Full model31/12/201223/05/201318/06/2013DutchPDF
Full model31/12/201102/05/201231/05/2012DutchPDF
Full model31/12/201003/05/201105/05/2011DutchPDF
Full model31/12/200903/05/201027/05/2010DutchPDF
Full model31/12/200804/05/200925/05/2009DutchPDF
Full model31/12/200702/05/200820/05/2008DutchPDF
Full model31/12/200602/05/200708/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 48 ended

Active mandates

Johan Haegeman

Mandate

Active
Ralph De Greef

Mandate

Active
Wim Boesmans

Mandate

Active

Ended mandates

Nathalie Dahlem

Director · since 23 décembre 2022 · until 11 août 2023

Ended
Nathalie Dahlem

Director · since 23 décembre 2022

Ended
Alexis Wautot

Director · since 06 juillet 2021 · until 23 décembre 2022

Ended
Alexis Wautot

Director · since 06 juillet 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/08/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/12/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates11/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/11/2018
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20252,3 M €
  2. 2023
    Annual accounts 202319,3 M €
  3. 2022
    Annual accounts 20221,5 M €
  4. 2021
    Annual accounts 20211,4 M €
  5. 2020
    Annual accounts 20201 M €
  6. 2019
    Annual accounts 2019685,1 k €
  7. 2018
    Annual accounts 20183 M €
  8. 2017
    Annual accounts 2017-1,3 M €
  9. 2016
    Annual accounts 20161,5 M €
  10. 2015
    Annual accounts 20151,7 M €
  11. 2014
    Annual accounts 2014530,3 k €
  12. 2012
    Annual accounts 2012429,5 k €
  13. 2011
    Annual accounts 2011516,9 k €
  14. 2010
    Annual accounts 2010613,2 k €
  15. 2009
    Annual accounts 2009397,9 k €
  16. 2008
    Annual accounts 2008502,4 k €
  17. 2007
    Annual accounts 2007524,7 k €
  18. 2006
    Annual accounts 2006517,9 k €
  19. 09/07/1992
    IncorporationPublic limited company